The federal reserve holds interest rates for the fourth time, despite the disturbance of the customs tariff

People and companies in the United States have faced a whirlwind of changing politics in recent months. But one thing is fixed: borrowing costs set by the US Central Bank.

The federal reserve held this strategy on Wednesday, as they voted to leave the main interest rate unchanged.

The fourth consecutive decision is without procedure, while maintaining the bank’s influential lending rate hovering about 4.3 %, as it has stood since December.

Bank leaders said they want more information about the extent to which definitions and changes in other policy have increased prices, which slows down the American economy – or both – before changing the path.

The Federal Reserve usually reduces borrowing costs if it is believed that the economy is struggling and raising if prices start to rise very quickly.

Inflation, the speed of price increase remains, is 2 % higher than the Federal Reserve goal, and comes 2.4 % in May.

But President Donald Trump has repeatedly called for reducing interest rates, in part, that the problem has faded.

In Wednesday’s comments before the Federal Reserve’s decision, Trump repeated his criticism of the President of the Federal Reserve, Jerome Powell, describing him as “stupid” and predicting the end of his term.

The European Central Bank has reduced interest rates eight times since last June. The Bank of England reduced borrowing costs last month, but it is expected to keep fixed rates this week.

Federal reserve officials, who are enabled to make politics independent of the White House, said they will make decisions based on data.

Federal reserve interest decisions determine what banks receive to obtain short -term loans.

This rate in turn has a major impact on borrowing costs throughout the economy, and ultimately informing regular banks imposing fees on families and companies for mortgages and other types of loans.

By 4.3 %, the standard interest rate of the federal reserve coach remains significantly higher than it was between 2008 and 2022, when the bank began raising response rates to high prices.

But it is almost lower percentage than it was last year.